The Board of Director of the Company by Circulration held today approved 1. Amendment in Repayment Term of NCD 2. Partial Redemption of 10% Secured NCD
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Standard Capital Markets' board, via circulation on December 31, 2025, approved two changes to its Non-Convertible Debentures (NCDs). First, the repayment structure for its Secured, Unlisted, Unrated, Redeemable NCDs (issued October 24, 2024) was amended from a bullet repayment at the end of the tenor to redemption triggered by receipts from the pledged/charged underlying securities, aligning debt repayment with actual cash flows. Second, the company partially redeemed 63 NCDs with a face value of Rs. 10 lakh each, totaling Rs. 6.30 crore, on December 31, 2025. Post this redemption, the outstanding balance stands at 1,102 NCDs. Debenture holders were informed and their consent obtained where required.
This is largely a housekeeping update showing active debt management. The partial redemption of Rs. 6.30 crore reduces outstanding debt, while the new repayment structure ties NCD repayments to cash flows from underlying pledged securities, which could mean faster or more variable repayments depending on realizations. Minimal direct impact on stock price expected.